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Today's picks: From BPCL to Cipla, hot stocks to watch on Wednesday

For Indiabulls Hsg, Keep a stop at Rs 920 and go long. Add to the position between Rs 939 and Rs 942. Book profits at Rs 945

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Devangshu Datta
Nifty

Current: 11,067 (fut: 11,097)
Target: NA

Stop-long positions at 11,000.
Stop-short positions at 11,175. Big moves could go till 11,250, 10,950.  A long 11,000p (32), long 11,200c (22) has breakevens at 11,254, 10,946 with 2 sessions to go.
 
Bank Nifty


Current: 25,330 (fut: 25,390)
Target: NA

Stop-long positions at 25,200.
Stop-short positions at 25,450. Big moves could go till 25,000, 25,750. Trend could go negative again.
 
Indiabulls Hsg

Current price: Rs929
Target price: Rs945

Keep a stop at Rs920 and go long. Add to the position between Rs939 and Rs942.
Book